EURUSD will fall! Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Jun 5, 2021 4:54 PM

EURUSD went up as anticipated to re-test the new resistance that used to be a support. Therefore, I expected it to fall, and price action around this area has already begun to suggest a fall.

Go short with the idea shown for a nice RR of 1:5

Trade safe!

Trend Analysis Technical Indicators

Comments

Endriti0808

⋅ Jun 6, 2021 4:11 PM

Agree with you as the 4hour candle is showing the coming signs of bearishness

Hoa_Luu

⋅ Jun 7, 2021 2:12 AM

@Endriti0808, yup!